I. If the proposed action of the limited partnership creating dissenters’ rights under N.H. Rev. Stat. § 304-B:16-d is submitted to a vote at a meeting of the limited partners, the meeting notice must state that limited partners are or may be entitled to assert dissenters’ rights under this subdivision and be accompanied by a copy of this subdivision.
II. If the limited partnership action creating dissenters’ rights under N.H. Rev. Stat. § 304-B:16-d is taken without a vote of the limited partners, the limited partnership shall notify in writing all limited partners entitled to assert dissenters’ rights that the action was taken and send them the dissenters’ notice described in N.H. Rev. Stat. § 304-B:16-g.

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In New Hampshire Revised Statutes 304-B:16-e

  • Limited partnership: and "domestic limited partnership" mean a partnership formed by 2 or more persons under the laws of this state and having one or more general partners and one or more limited partners. See New Hampshire Revised Statutes 304-B:1
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • State: means a state, territory, or possession of the United States, the District of Columbia, or the Commonwealth of Puerto Rico. See New Hampshire Revised Statutes 304-B:1

III. A limited partnership’s failure to give notice pursuant to this section shall not invalidate the limited partnership action.